Los Angeles Employee Benefit: Pension Plan | Glassdoor

Los Angeles Pension Plan

39 employees reported this benefit

4.0
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Available to US-based employees (Change location)

Employee Comments

Showing 1–7 of 7
  • Jul 13, 2018
    StarStarStarStarStar Current Employee in Playa del Rey, California

    I dont know exactly what to expect. They take 11% of my pay from me without choice. Hope it's there in 30 years. But u doubt it knowing how they work. My retirement $ will probably be spent to house homeless transgender youth.

  • May 03, 2017
    StarStarStarStarStar Current Employee in Los Angeles, California

    Good pension plan, especially if you're near retirement now, but it's on shaky financial ground for the long term.

  • Mar 19, 2016
    StarStarStarStarStar Current Chemist II in Los Angeles, California

    Pro is that it is a defined benefit pension plan. Con is that we are paying 4% recovery fund for giving early retirement to some employees a few years ago. Not fair.

  • Sep 08, 2015
    StarStarStarStarStar Current Legal Counsel in Los Angeles, California

    Since there is no social security, the pension plan provides great service

  • Jul 09, 2015
    StarStarStarStarStar Current Wastewater collection worker II in Los Angeles, California

    Very good pension if the city does not go bankrupt

  • Oct 09, 2014
    StarStarStarStarStar Current Employee in Los Angeles, California

    Benefits are very fair. The pension plan keeps employees and establishes good retention of valued employees that work for the CITY.

  • Sep 17, 2014
    StarStarStarStarStar Current Management Analyst II in Los Angeles, California

    457K and Pension Plan offered

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